FAQs

– “High returns potential is the prime reason to invest in Dubai’s real estate market for both investors and buyers. Along with that, it offers other lucrative benefits like tax-free incomes, excellent lifestyle options, a family-friendly environment with high-end safety, and an opportunity to build long-term wealth with recurring rental incomes. Transparent and straightforward formalities make it easier for new investors to enter the market.”

– “Unlike many other markets, property transactions take a comparatively shorter time to complete in Dubai, thanks to investor-friendly policies. Generally, it doesn’t take more than a month to complete property transactions from the date of signing the sale agreement.”

– “Finalizing the sale agreement typically includes factors like the purchase price, additional
expenses (agency fee, transfer fee as per DLD, developer charges, service charge refund, and others), transfer date as per DLD, payment terms, and responsibilities/penalties for the involved properties regarding obligatory/binding agreement conditions. Buyer and seller sign MoU upon which the buyer pays 10% of the official purchase value. The sample
MoU is available on DLD website.

– “High returns potential is the prime reason to invest in Dubai’s real estate market for both investors and buyers. Along with that, it offers other lucrative benefits like tax-free incomes,
excellent lifestyle options, a family-friendly environment with high-end safety, and an opportunity to build long-term wealth with recurring rental incomes. Transparent and straightforward formalities make it easier for new investors to enter the market.”

– “You don’t have to pay any tax on the property. You only have to bear the annual maintenance/service charges. The tax-free status of Dubai makes it the most lucrative opportunity for both investors and buyers.”

– “For buying commercial properties in Dubai, you need to pay 5% VAT. You don’t have to pay any VAT for leasing/selling residential properties or leasing commercial properties.”

– “Freehold property refers to the property in addition to the land on which it is built. For instance, if you have a building in a huge compound, then you are free to sell the building separately without being obliged to sell the entire area as a single unit. It lowers the sales barriers for investors and makes properties more affordable for buyers.”

– “Yes, it is possible for a foreign investor to get 100% ownership in Dubai-based properties. To
attract more investors, the Dubai government amended its policies to provide complete ownership to foreign investors.”

– “Yes, it is possible and comparatively less difficult to rent out your property in Dubai. While the rental income varies with location, property type, and maintenance charges, the average annual yield ranges from 5% to 10%. Higher property prices may offer lower percentages.”

– “You can legally complete property deals without real estate agents. However, typically investors and buyers choose to work with an agent to benefit from their updated knowledge, expertise, vital contacts, and sharp negotiation skills to get you the best value for the property. Moreover, technology-driven property consultancy firms can also provide value-added services like market forecasting, hidden opportunities, and the latest trends based on Artificial Intelligence algorithms designed with the help of veteran investment experts to help investors maximize their profits and minimize risks.”

– “An official trade license issued by Dubai Department of Economic Development, RERA registration with office registration number and BRN for agency and individual agents respectively, DREI certificate, and documents claiming they have passed RERA-administered professional tests. Compliance with the Code of Ethics by RERA.”